â 10 six-figure biz ideas you should consider â Hey Contrarians, Most people think having a job is safer than starting a company. Theyâre wrong. Todayâs story is courtesy of companies who donât really care about you â and your burning desire to start creating your own freedom. â
Today in 10 minutes or less, you'll learn: âï¸ Don't wait 'til you're fired âï¸ Contrarian framework: Comfort vs Safety âï¸ How he went from $0 to $300k in 2 years âï¸ 10 biz's Iâd start tomorrow if I were laid off âï¸ How Iâd scale to 6 figures in 90 days âï¸ Why I love home service businesses â
Don't wait 'til you're fired Ideally, you build your exit to freedom before your boss has the chance to give you the axe. Have you been thinking about it? Unhappy living life on someone else's terms, but limited by your own beliefs about what you can do? I want to let you know about an event that may be the push you need... It's called the 5-Day Own Your Future Challenge, and it's completely free. Hosted by Tony Robbins and Dean Graziosi, with guests like Pace Morby, Jay Shetty, some lady named Codie Sanchez, and many more. Learn about the knowledge industry from the most qualified speakers, enter to win daily prizes, and get a meal donated to Feeding America on your behalf simply by registering. Opportunities of this caliber don't often happen for free. If I were you, I'd be sure to [grab my spot here](=) (it goes live in less than 5 days!). â
Contrarian framework: Comfort vs Safety Who remembers the top headlines from last year? Iâll jog your memory. First, the Roe v Wade fallout. Then, Elon came along trolling the entire internet with his $44B joke. That Johnny Depp, Amber Heard fiasco happened somewhere in there, too. Oh⦠And let's not forget the layoffs. 2022 felt like the year of the layoffs, based on the media around it. But no one seems to be talking about it anymore. Despite this, layoffs [increased by 5x]( this year. â Weâve been looking at some [huge layoff]() numbers in 2023: - Amazon: 16,000 roles
- Alphabet: 12,000 roles
- Microsoft: 10,158 roles
- Meta: 10,000 roles
- Lyft: 1,200 roles The cold, hard truth is this: As long as you have a job, there's always a chance of getting fired. Working a job is the comfortable choice. But itâs certainly not the safe one. If you were fired from your job today, what would you do? Tough question when youâre not ready. Today, letâs check in with someone who found themselves in a similar spot 6 years ago⦠â
How he went from $0 to $300k in 2 years Meet Bobby Walker. In 2017, Bobby was your average Joe. A happy family. Steady paycheck from his security job of 10 years. Settling into a new town. Life was great⦠Until the rug was pulled out from under him. One day, he got a heads up from his friends higher on the corporate food chain that he was being fired. This [post]() was Bobbyâs response to the news: â Bobby needed an income. Fast. And not start-a-SaaS-and-exit-in-12-months fast. I'm talking I-need-grocery-money-tomorrow fast. He turned to one of the most cashflowing industries of the century â home services. Specifically, window cleaning. The day after the news about his job, Bobby bought $100 worth of cleaning supplies and launched his window cleaning business. Day 1? He made $101. Week 2? He landed a $1,700 gig with his son. By the end of year 2, Bobby posted again on the Reddit thread. The update? He hit $348,275 in annual revenue. =â This got me thinking⦠If I were a Bobby, fired from my white-collar job and low on savings, what businesses would I start inside of a week to get some cash flowing into my pocket? â
10 businesses Iâd start tomorrow if I were laid off today #1 House cleaning â[Startup Cost: $134](â Profit Margins: A deep clean costs $200 - $400 on average, at 80% margins. Pros: High chance of recurring revenue. Most customers will sign up for monthly, biweekly, or even weekly cleans. Cons: A full-house deep clean takes 8+ hours to complete⦠And there are only so many hours in a day. You'll need more than one cleaner to scale past $10k a month. â #2 Pool Care â[Startup Cost: $181](=)â Profit Margins: On average, a one-man show can charge $229 per job with 80% as profit. Pros: Pool owners like the âhaving a poolâ part, not the âlearning pool chemistry and cleaning regularlyâ part. Pools require routine upkeep, so expect a lot of repeat business. Cons: That said, <8% of American homes have a pool. Not everyone will be your customer, and the few who do may live far from you. â #3 Mobile Detailing â[Startup Cost: $220]()â Profit Margins: A detailing job costs $100 on average with >80% of that being profit. Pros: Itâs the dream job for people who love being on the move. Cons: Youâll be going up against car wash chains that have all the bells and whistles. â #4 Power Washing â[Startup Cost: $187]()â Profit Margins: On average, most biz owners charge $130 - $220 to wash a driveway, or $60 an hour at 80% margins. Pros: Easy chance for a pivot into commercial properties â residential homes arenât the only things that need to be washed down. Cons: Donât expect the phone to ring as much come winter. (But when the sleigh bells start ringing, you could tryâ¦) â #5 Snow Removal â[Startup Cost: $262](=)â Profit Margins: You could charge $125 for a parking lot, profits sitting around 80%. Pros: High recurring revenue. Cons: Highly seasonal. â #6 Holiday Lighting â[Startup Cost: $276]()â Profit Margins: Most Christmas light installers charge $425 on average per job with 70+% of that as profit. Pros: Between the clips, extension cords, and fasteners, this biz has little overhead. Cons: Holiday lighting season is only two months long. â #7 Window Cleaning â[Startup Cost: $280](=)â Profit Margins: $50-$75/hr at 90% margins. Pros: Thereâs more demand for window cleaners than supply. Not to mention, most customers tend to become regulars (if you do a decent job). Cons: Not the right biz if you hate heights. â #8 Carpet Cleaning â[Startup Cost: $376](=)â Profit Margins: On average, most cleaners charge $178 per carpet at 60% margins. Pros: [48% of all floors in the USA are carpets.]( If thatâs not the definition of plenty of fish in the sea, I donât know what is. Cons: Expect to deal with a ton of dust and pollen. This may not the biz to get into if you have asthma or other respiratory problems. â #9 Roof Gutter Cleaning â[Startup Cost: $381](â Profit Margins: On average? $150 per gig at 90% margins. Pros: High demand + recurring revenue. Cons: A surprisingly dirty job, with lots of climbing involved. â #10 Lawncare â[Startup Cost: $628](â Profit Margins: Mowing lawns costs $124 on average at 55+% margins. Pros: Easy chance to offer add-ons and upsells like tree trimming, weed control, fertilizing, etc. Cons: Highly competitive. â
How Iâd scale to 6-figs in 90 days Cool, so you buy a lawn mower, pool net, and a ladder, then the customers come running? Gee, I bet youâll be a millionaire by Christmas. Now, remember these are businesses. So let's throw a little business savvy into the mix. Hereâs what Iâd do in the first 90 days: Tactic #1: Lace up your running shoes Sometimes, the classics work. First, pick the right neighborhood. Youâre on the right track if youâre seeing white picket fences, cul-de-sacs, and 40-year-olds walking labradoodles. If it looks like it could be a Zillow ad, then you've hit the jackpot. Next, break out your Nikes and go for a run. Except you won't just be doing cardio⦠You'll be leaving flyers on doorsteps and lawns. Letâs say you hit 500 homes. The 80/20 Rule says maybe 100 of the homeowners will read your flyer. And 20 might become customers. Bobby had a similar strategy where he'd drive through nice neighborhoods, roll down his windows, and throw flyers held together with paper clips onto lawns. One of those $0.14 âclip flyersâ landed him an $8,000 job. You donât find that kind of ROI anywhere else. Tactic #2: Strategic partnerships Do you know the only person more desperate than a recently-fired W2 employee? Real estate agents looking to close a sale. Open houses need to be picture-perfect⦠It's a smart move to look for âFor Saleâ signs or search online for local realtors in your area. With the right pitch, you could find yourself a steady stream of homes on the RE market that need maintenance. Tactic #3: Look out for new faces âFor Saleâ aren't the only signs I'd look out for. I'd also keep my eyes peeled for âSold.â New homeowners are also a goldmine when it comes to home service. Think about it. If you just plopped a few hundred thousand into a house, you'd be willing to spend a few hundred dollars a month to keep it in tip-top shape, right? My strategy would be to use direct mail marketing tools like [PostPilot]() to send postcards to new homeowners, welcoming them to the neighborhood while throwing in discounts. Keep this up for a few weeks, then when something needs to be cleaned (and it will), you'll be top of mind. Everyone loves a familiar face in a strange town. â
Why I love home service biz's Reason #1: No license needed Turns out squeegees and pressure washers donât require a license. (Or degree, or MBA, or 7-stage interview process.) You can literally wake up one morning, decide to jump on any of these hustles, and have a fully operational biz before noon. Reason #2: Customers are all around How many homes do you see with clogged gutters? Greasy windows? Overgrown lawns? Itâs always more than you can count. These industries are evergreen. Demand never goes away.
â â With the rise of WFH, people are spending more time than ever at home. (And have less desire than ever to do housework-from-home). Reason #3: Startup cost + competition The average data scientist makes $10,233 a month. But thatâs after splurging at least $53k and four years on an undergrad degree. On the flip side, you can start a house cleaning biz for less than $134 and hit $10k MRR with just 25 monthly clients. Maybe just me, but one of those options seems a lot cheaper and quicker than the other. Now, youâre probably asking⦠âIf itâs so easy to start a home service biz, won't that mean thereâs a lot of competition?â Well, yes⦠And no. Of course, you wonât be the only business in town. But the others? Most are outdated and run by boomers who set up shop in the 80s and still put âtheâ in front of Facebook. This is the quality of competition youâll be up against. It's simple, not easy. Secure, not comfortable. But at least thereâs no such thing as a layoff in the ownerâs circle. â
I want your work to mean something.
â - Codie â â ð Control the terms of your contracts whenever you can. â¦[Wait, not like that.]()â ð³ [Before you click](), guess how many $'s of unused giftcards Americans own? ðº The best biz combines your passions. Yes, even if itâs [cars, cats, & La Croix](. â½ [FIFA promised]( world cup players $30k bonuses. But then said, âWell, kinda.â 𪫠America may have an [EV battery boom](=) to rival foreign companies â
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